Inflation remains high, stocks are in a bear market, interest rates are rising, the war in Ukraine continues to have a global economic impact, and fuel costs make it hard for some to pay for their daily drive to work. What financial strategies are you using to deal with this challenging economic time? Also, what do you see as the strengths, weaknesses, opportunities, and threats of our nation's current economic environment?
For the first time in 3 years a TIPS auction came in with a positive yield.
Since the yields are still under 1%, it's a paltry "real" return.
But, it beats the negative 5% return that you're getting on 3% CD's.
I'll just ride the inflation index, thank you very much.
I'm just in capital preservation mode now.
The funny thing is that if I had been buying TIPS with smallish negative yields, I'd still be doing way better than any CD out there.
But that's something that I couldn't just bring myself to do.
